Sony Q1 numbers: 24.6 Billion yen loss (314 million dollars), cuts yearly forcasts

[Gilgamesh]

kowenicki said:

Gilgamesh said:

Fusioncode said:

Didn't Sony lose like 5 billion last quarter, seems weird if they could return to profitability so quickly. I'd be satisfied with a much smaller loss.

A big chunk of that 5.7 billion was from paying off future taxes, but ya that Gaikai purchase isn't going to help anything, if they actually profit (which is doubtful) then Sony should see some nice return throughout the year.

Gaikai cost may not be in last qtr ending June 30th.  They agreed to buy them on 30th June and only announced it to the stockmarket on July 2nd, doubt they had paid anything by then.  They also got $125m back from ending that deal with Sharp.

Oh well this quarter might not be that bad at all. It'll give us an idea for how the Holiday quarter may look.